Harel Insurance Investments & Financial Services LTD. is one of Israel's largest insurance and finance groups that provides comprehensive financial and insurance solutions.
As of March 31, 2019, the Group manages assets over NIS 250 billion.
Founded as a family business in 1935 by the late Ernst and Margot Hamburger, Harel Insurance Investments & Financial Services has become one of Israel’s largest insurance groups. Their comprehensive product portfolio includes health, life, business, and motor insurance as well as investment services such as pension and mutual funds. Despite the fact Harel is now a publicly traded company with more than 5,000 employees, they retain their traditional family values including an emphasis on personalized service and reliability
In 2015, Harel announced a new strategy to "recalculate routes" transform for the digital era. Seeking to provide agents customers with simpler, faster, and more personal service, our strategy involved digitizing processes and data driven to improve the speed and quality of service as well as expanding the use of analytics.
Harel insures the Israeli branches of numerous multinational corporations and is a “Global Partner” of large insurance conglomerates, such as Zurich, Allianz, AXA, Royal & Sun Alliance, XL-Catlin, HDl-Gerling, QBE, If P&C, Sompo Japan Nipponkoa Insurance and Chubb.
The Fattal Hotel Chain is Israel’s largest hospitality organizations with 37 hotels and 16,700 rooms under its management. These hotels are well distributed across the country in all major tourist venues – Tel Aviv, Jerusalem, Tiberias, Dead Sea and Eilat. The Chain also owns and manages 150 Leonardo-branded hotels in Europe.
While the Fattal Hotel Chain attributes its continued growth to the combined talents of its many gifted and dedicated people, ultimately this success is due to the determination and vision of its founder, David Fattal.
David started his career as a waiter and acknowledges that this modest beginning gave him early insights into the core values necessary to attract guests and convert them into repeat customers. Showing a natural aptitude, he gained rapidly promotion to positions of influence. In 1984, at the age of 27, he was appointed Assistant General Manager of the prestigious Dan Accadia Hotel in Herzliya. By 1988 he became General Manager of King Solomon’s Palace in Eilat.
Ten years later, in 1998, David founded his hotel management business Fattal Hotels, also taking over the prestigious Meridien Hotel in Eilat. Other hotels rapidly followed as David and his team set about creating and delivering a new benchmark of ‘hotel value’ for guests.
For many years now the Fattal name has been synonymous with innovation in the hotel industry. The Fattal Hotel Chain introduced the all-inclusive system into Israel and has set new standards in the culture of entertainment for both children and adults. Children’s Clubs in Fattal hotels around Israel are generously equipped with the latest games and play stations, catering separately to the 1-4, 4-9 and 9-12 age groups.
The Fattal organization continues to make inroads into the hotel market both in Israel and Europe. It attributes this success to a strong determination to ensure that guests leave with an enduring feeling of satisfaction and good value.
The Azrieli Group (TLV: AZRG), Israel’s largest commercial real estate developer, builds, owns and manages malls, retail centers, offices and senior homes. The Azrieli Group was founded in 1983 and in 2010 it went public in the largest IPO in the history of the Tel Aviv Stock Exchange (TASE), raising approx. ILS 2.5 billion (~ $700 million). The Company is included in the prestigious TA-35 and TA-125 indices, as well as in the EPRA (European Public Real Estate Association) index.
The Group has properties with a total GLA of approx. 1,330,000 sqm, including 19 malls and retail centers with a GLA of 340,000 sqm, 16 office buildings with a GLA of 637,000 sqm, 4 senior homes with a GLA of 105,000 sqm (around 1,035 units), one hotel in Jerusalem, and 8 properties overseas (mainly in Houston, TX and Austin, TX) with GLA of 246,000 sqm. The Group has a 24% holding in Compass Data Centers, which owns a platform for developing and operating data centers in North America. 91% of the fair value of its investment properties and properties under development relates to domestic properties (in Israel).
In addition to the 1,330,000 sqm it already owns, the Azrieli Group has an outstanding pipeline of projects in various development stages, including mega-projects at the best locations in Tel Aviv and throughout Israel, spread over a total of 670,000 sqm. These projects will significantly contribute to the Group's growth in the coming years.